RTLR - Midstream: Groundhog Day For Thanksgiving
Monday was positive for midstream, capping a rare 3-day run of positive performance. But apathy returned, as Midstream and MLPs traded down the rest of the holiday-shortened week. MLPs once again were the laggards, and the MLP Index has now been negative for 10 straight weeks, and is down 18.5% since July 12, including distributions.
Oil prices were sharply lower Friday on renewed OPEC uncertainty ahead of next week's meeting that brought back memories of 5 years ago when OPEC chose not to act. Natural gas prices collapsed on outlook for milder weather for natural